Senior Sourcing Specialist - ExOps

Overview

Additional Location(s): US-MN-Arden Hills

Diversity - Innovation - Caring - Global Collaboration - Winning Spirit - High Performance

At Boston Scientific, we’ll give you the opportunity to harness all that’s within you by working in teams of diverse and high-performing employees, tackling some of the most important health industry challenges. With access to the latest tools, information and training, we’ll help you in advancing your skills and career. Here, you’ll be supported in progressing – whatever your ambitions.

About the role:

The Sr. Sourcing Specialist partners with best-in-industry suppliers to provide materials, products, innovation, and services that drive a competitive advantage for Boston Scientific. This role is responsible for establishing and cultivating supplier relationships to advance global sourcing objectives, improve supplier performance, strengthen product quality and service, and deliver sustainable cost savings while mitigating risk in the supply chain. The incumbent will manage contract manufacturers (CM) and/or OEM suppliers of Sourced Finished Medical Devices (SFMD), with focus on both new product development (NPD) and sustaining projects for the External Operations team.

Boston Scientific follows a hybrid work model requiring employees to be in the local office at least three days per week. Relocation assistance and visa sponsorship are not available for this position at this time.

• Working with Sourced Finished Medical Device manufacturers for capital equipment and/or single-use devices from contract manufacturers and/or OEM suppliers
• Utilizing strategic sourcing methodologies to lead category teams in refining and executing strategies that meet quality, service, and cost objectives
• Promoting continuous value improvement for all aspects of quality, service, and cost within the assigned supply base
• Overseeing contract and vendor management activities, including strategic reviews, site visits, service escalations, and risk mitigation; maintaining supplier performance review metrics and scorecards
• Monitoring and reporting market dynamics and changes that affect internal client needs; identifying category trends to drive continuous improvement with the broader procurement team
• Partnering with internal clients and stakeholders to identify sourcing needs, conduct buyer and market profiles, share marketplace trends and best practices, increase value proposition, and reduce total cost of ownership (TCO)
• Collaborating with core teams to support projects for new product development, integrations, and transfers; aligning with strategic supply base to identify and mitigate risks and deliver according to schedules and cost targets
• Leading negotiation processes and partnering with stakeholders and legal teams to execute contracts
• Managing the bidding process and annual operational budget to ensure accuracy of inputs; addressing proposed increases and preventing unfavorable purchase price variance (PPV)

• Bachelor’s degree in any discipline
• Minimum of 3 years  experience with strategic sourcing and supplier relationship management
• Proficiency in cost modeling and data analysis or similar quantitative skills
• Experience managing optimal supplier contracts and negotiating value improvements
• Experience with MS Office Excel and other applications (Word, PowerPoint, MS Project, etc.)
• Ability to travel up to 20% (globally)

• Master’s degree or professional certification (e.g., CPSM, CPIM, CSCP, PMP, Lean Six Sigma)
• Minimum of 5 years  experience with strategic procurement (sourcing) and supplier relationship management
• Experience working in the medical device or similar regulated industry
• Experience working with finished medical device (SFMD) contract manufacturers and/or OEM
• Strong negotiation and decision-making skills with ability to influence internal and external teams
• Ability to work independently and collaborate with cross-functional teams
• Strong interpersonal skills with the ability to communicate effectively at all levels
• Strong critical thinking and analytical skills; process- and results-oriented
• Detail-oriented…